Editor's Note: Our colleague Luke Lango picked Microsoft, Nvidia, and AMD before they jumped as high as 898%, 3,633%, and 11,496%... and was ranked #1 stock picker by TipRanks in 2020. This coming Wednesday, at 8 pm ET, he's hosting an online strategy session to help you prepare for what he calls "The Great Tech Reversal of 2024." Click here to see the details or read more below. Dear Reader, Billionaire Ken Griffin just dumped more than 9.2 million Nvidia shares… Worth as much as $1.1 billion today. And bought shares of another AI company that’s 43 times smaller than Nvidia. He’s the founder of the largest hedge fund in the world, Citadel. This is the man who helped his firm make $16 billion in profits in 2022, the biggest annual windfall in the history of hedge funds. And he’s moving some of his cash into smaller companies. I believe this is just the beginning of a massive capital rotation from big, overpriced stocks… Into smaller companies that have more upside potential and are still cheap. In fact, there’s an event scheduled for mid-September that I believe will greatly accelerate this trend. Which is why this coming Wednesday, at 8 pm ET… I’m hosting an online strategy session to help you prepare. Click here to see the details and save your seat… Because the last three times something like this event happened… It sent a group of stocks parabolic. I believe it’s going to happen again. Regards, Luke Lango Senior Investment Analyst, InvestorPlace |
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